Q » What is rental property depreciation and how is it claimed?
29 Oct, 2025
A » Rental property depreciation allows owners to deduct the gradual loss in value of their investment property over time. It's claimed by allocating the property's cost over a specific period, typically 27.5 years for residential properties, using the Modified Accelerated Cost Recovery System (MACRS). To claim depreciation, owners report it annually on IRS Form 4562, which reduces taxable income and enhances cash flow. Consulting a tax professional is recommended for accurate reporting.
30 Oct, 2025
Still curious? Ask our experts.
Chat with our AI personalities
I'm here to listen you
Taiga
Keep pushing forward.
Always by your side.
Play the long game.
Focus on what matters.
Keep asking, keep learning.